AYS Venture 5021 Bursa Saham Malaysia stock analysis 17-Feb-2023Short term analysis: (what we see from the chart)
Price crossed-up MA50 (blue) & MA200 (white), possible to start bullish uptrend.
Higher High Higher Low of price pattern is formed!
Short term resistant @0.48
Smart Money Flow (MI02b) indicates Profit-chip (red bar) is increasing & Lost-chip (green bar) is dropped to minimal.
Trade Setup Trial:
Cost price 0.44
TP1 0.575
CL 0.41
Risk Reward Raio - 6.8% : 30.7% (1 : 4.5)
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#supportresistance #technicalindicator #indicator #waveanalysis
Disclaimer:
This published Idea is solely for the purpose of education and opinion sharing, and should not be construed as investment advice or recommendations to buy or sell any security.
Get your trade advise from a legit broker, you are responsible on your own trade.